The Federal Bank has informed that, as approved by the Nomination, Remuneration, Ethics and Compensation Committee, the following allotments have been made after payment of money by the allottees: 1. Allotment of 6,100 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2010 Scheme on March 22, 2026. 2. Allotment of 2,11,112 Equity Shares with face value of Rs. 2/- each of the Bank to the Option Grantees upon exercise of stock options under ESOS 2017 Scheme on March 22, 2026.
The above information is a part of company’s filings submitted to BSE.
